Form 4: Five Below Director Dinesh S. Lathi Acquires Shares in Lieu of Quarterly Retainer

Director Dinesh S. Lathi acquired 336 shares of Five Below, Inc. common stock on February 3, 2025, in lieu of a portion of his quarterly retainer.

Summary

• On February 3, 2025, Dinesh S. Lathi, a director of Five Below, Inc., acquired 336 shares of common stock.
• The acquisition was made in lieu of a quarterly retainer payment of $31,250.00, less applicable tax withholdings.
• The price per share was $92.33.
• Following the transaction, Lathi's total holdings increased to 10,767 shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard compensation practice. The director taking shares could be seen as a positive signal, but it's not a major event.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future performance.

Industry Context

Directors often receive equity as part of their compensation, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages vary widely across the retail industry.
• Companies like Target (TGT) and Walmart (WMT) also use a mix of cash and equity for director compensation.
• The specific mix depends on company size, performance, and governance policies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reinforces the alignment of director interests with shareholder value.

Key Dates